IBM is partnering with several universities through its IBM Q Network to further joint research in quantum computing, as well as develop programs to prepare students for careers in quantum, across science and business. Among them, the University of Waterloo was named as the only Canadian university for the joint-research collaboration.

The university will focus on accelerating collaborative research in quantum algorithms and quantum complexity theory.

The project for the University of Waterloo will focus on research projects with students and faculty to advance the foundational science, technology, and software required to enable more capable quantum systems. The university will focus on accelerating collaborative research in quantum algorithms and quantum complexity theory.

“Developing practical quantum applications that drive business and scientific breakthroughs requires a diverse ecosystem,” said Anthony Annunziata, global lead of the IBM Q Network. “Partnering with these world-leading academic and research institutions is key as we work to educate, empower, and get the next generation of students ‘quantum ready’ to advance the field.”

The University of Waterloo, the only Canadian university named on IBM’s list, has been part of a movement in the region, establishing itself as a global hub for quantum computing. Last week, Waterloo received $41 million CAD from the federal government, which went to four local organizations working on developing projects in quantum, among other advanced technologies.

Independent not-for-profit research lab, Quantum Valley Ideas Lab, which consists of several partners including the University of Waterloo’s Institute for Quantum Computing, is expected to receive the majority of the $41 million, with a $20 million commitment from the government.

According to the federal government, the recent investment will help the lab achieve its goal of establishing dedicated teams of quantum researchers, engineers, and technology experts who will work to develop new innovations in the areas of quantum sensors, navigation, security, encryption, and computing.

The IBM Q Network is a community of Fortune 500 companies, startups, academic institutions, and research labs working to advance and explore practical applications for quantum computing. It aims to provide its organizations with quantum expertise and resources, quantum software and developer tools, as well as cloud-based access to quantum software and developer tools. The program also offers cloud-based access to IBM’s universal quantum computing systems.

Along with the University of Waterloo, IBM announced it is also partnering with Florida State University, the University of Notre Dame, Virginia Tech, Stony Brook University, Duke University, Harvard University, The University of Colorado Boulder, and the University of Chicago.

This article originally appeared in Betakit